Key Developments: Swingplane Ventures Inc (SWVI.OB)

SWVI.OB on OTC BB

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16 Apr 2014
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Latest Key Developments (Source: Significant Developments)

Swingplane Ventures Inc Announces Chief Financial Officer Change-Form 8-K
Tuesday, 1 Oct 2013 03:38pm EDT 

Swingplane Ventures Inc reported in its Form 8-K that On September 24, 2013, Carlos De la Torre resigned from his position as Treasurer and Chief Financial Officer of the Company. On September 24, 2013, the Board of Directors of the Company elected Dimitrios Trikeriotis as Treasurer, Chief Financial Officer and a director of the Company.  Full Article

Swingplane Ventures Inc Announces Management Change-Form 8-K
Monday, 25 Feb 2013 11:09am EST 

Swingplane Ventures Inc reported in its Form 8-K that on February 25, 2013, pursuant to the terms of the Share Exchange Agreement, Mr. Michel Voyer will resign as President, Chief Executive Officer (CEO), Chief Financial Officer Secretary, Treasurer of the Company. On February 25, 2013, Mr. Carlos De la Torre will be appointed as the Company‚Äôs President and Chief Executive Officer (CEO) and as a Director of the Company.  Full Article

Swingplane Ventures Inc Announces Closing Of Acquisition Of Mid Americas Corp
Friday, 22 Feb 2013 07:00am EST 

Swingplane Ventures Inc announced the completion of all documentation required to file the Super 8K for the acquisition of Mid Americas Corp. Mid Americas Corp. has finalized its audited financial statements and the Company will file the Super 8K on February 22, 2013 with the Securities and Exchange Commission. The issuance of the shares to Mid Americas Corp. and the delivery of the shares of Mid Americas Corp. to the Company will finalize the acquisition. Under the terms of the acquisition agreement, the Company will issue a total of 100,000,000 shares of its common stock and 5,000,000 shares of Series A preferred stock to the shareholders of Mid Americas Corp. and will cancel a total of 300,000,000 shares originally issued for the option. The Company will have a total of 235,000,000 shares of common stock and 5,000,000 shares of Series A preferred stock issued and outstanding. Mid Americas Corp. will become a wholly owned subsidiary of the Company.  Full Article

Swingplane Ventures Inc Announces Acquisition Of Mid Americas Corp
Tuesday, 22 Jan 2013 06:42am EST 

Swingplane Ventures Inc announced that the Company has renegotiated its assignment agreement in regard to the acquisition of certain mining concessions in Chile. Under the terms of the original assignment agreement entered into on October 15, 2012, the Company was assigned the rights to an option agreement held by Mid Americas Corp. (Mid Americas) for among other terms, the issuance of a total of 300,000,000 shares of the common stock of the Company, of which 10,000,000 shares were to be included in a registration statement to be filed by the Company prior to closing. Under the terms of the newly negotiated agreement, the Company will acquire all of the issued and outstanding shares of Mid Americas in exchange for the issuance of a total of 100,000,000 shares of common stock of the Company and 5,000,000 shares of preferred stock of the Company. The preferred stock will be convertible into shares of common stock of the Company on the basis of 50 shares of common stock for each 1 share of preferred stock. Further, the preferred stock will carry voting rights of 100 shares per each share of preferred stock. All other terms of the original acquisition agreement are to be included in this acquisition agreement. The only terms that have been amended are the acquisition of Mid Americas rather than the assignment of the option agreement, the issuance of shares as defined above and the requirement to register 10,000,000 shares is eliminated.  Full Article

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